Kurt E. Neher - 01 Mar 2023 Form 4 Insider Report for Berry Corp (bry) (BRY)

Role: EVP, Business Development
Signature: Kurt E. Neher, by Jordan D. Scott, as attorney-in-fact
Issuer symbol: BRY
Transactions as of: 01 Mar 2023
Net transactions value: -$87,310
Form type: 4
Filing time: 03 Mar 2023, 17:29:31 UTC
Previous filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BRY	Common Stock	Options Exercise		+27,002	+19%		169,254	01 Mar 2023	Direct	F1
transaction	BRY	Common Stock	Tax liability	$87,310	-9,338	-5.5%	$9.35	159,916	01 Mar 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BRY	Restricted Stock Units 2020	Options Exercise	$0	-27,002	-100%	$0.000000^*	0	01 Mar 2023	Common Stock	27,002		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of common stock, par value $0.001 per share, of Berry Corporation (bry). One-third of the Restricted Stock Units vest on each of the first three anniversaries of March 1, 2020, subject to the continued employment of the Reporting Person.